Analysts revise Nike stock price target
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Analysts have revised the stock price target for Nike (NYSE: NKE), which closed at $77.96, down 1.13%. Investors are also anticipating the debut of new CEO Elliott Hill on the upcoming earnings call.
December 13, 2024 | 10:30 am
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Nike's stock price target has been revised by analysts, and the stock closed down 1.13%. The market is also focused on the upcoming earnings call featuring new CEO Elliott Hill.
The revision of Nike's stock price target by analysts suggests a potential reevaluation of the company's future performance, which could lead to short-term price pressure. Additionally, the anticipation of the new CEO's debut on the earnings call adds uncertainty, contributing to the stock's decline.
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